Stroudsburg PA Real Estate Market Report - November
AVERAGE SOLD PRICE:
↓The Average Sold Price of homes sold in Stroudsburg PA for November was $160k, DOWN 12% from $182k for 2013 and down from $199k for October
Foreclosures were 26% of the Homes sold in Stroudsburg PA for November.
The Average Sold Price in Monroe County for November was $136k.
NUMBER OF HOMES SOLD:
↑The Number of Homes sold in Stroudsburg PA for November was 23, UP43.8% from November 2013 and down from 24 for October. The Number of Pending Homes in the Stroudsburg Real Estate Market YTD is UP 5%.
YEAR TO DATE STATS IN THE STROUDSBURG PA REAL ESTATE MARKET REPORT:
The Number of Homes sold year to date in Stroudsburg PA is 238, UP 15% from the 207 sold for 2013.
The Number of Homes sold in Monroe County for November was 209.
The Average Sold Price year to date in Stroudsburg PA is $170k, DOWN 1.8% from $174k for 2013.
Other Important Statistics to consider in the Stroudsburg PA Real Estate Market Report for November 2014 are:
The Average Days on the Market was 174
The Sale to List Price Ratio was around 96%
The Absorption Rate is around 8.5 months.
The Number of Pending homes is currently at 24
The Number of Active Listings dropped 6.6% to 184
In Summary, these Statistics show that we are still in a Buyer’s Market in Stroudsburg PA however we are very close to being in a Balanced Real Estate Market. A Balanced market would have an Absorption rate of 6 months.
IT IS A GREAT TIME TO SELL YOUR HOME IN STROUDSBURG PA. Don’t miss out on the Best Real Estate Market that Stroudsburg has seen in years. Call your local Stroudsburg Real Estate Agent, Bobbie Smith, today to get your home on the market for sale in this Real Estate Market.
Stroudsburg PA Real Estate Market Report - November 2014.
*originally posted on www.homesinthepoconosforsale.com
When looking for a Realtor© in the Poconos that will listen, assist and guide you without "pushing" you, contact Bobbie Smith. I would love to help.
Bobbie Smith, CRS
(Certified Residenial Specialist-CRS)
570-242-1891 Cell Best (Call or Text)
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All pictures, text, etc. stated within is the exclusive property of Bobbie Smith and cannot be copied or duplicated without written consent from Bobbie Smith. All statistics and data contained herein are obtained from reliable sources and are deemed reliable however each individual should always do their own research on each topic and derive their own conclusions. Any statements of opinion are just that, the opinions of Bobbie Smith. *Realtor is a registered trademark of NAR*